While the U.S. Securities and Exchange Commission’s William Hinman said the agency is “striving for a balanced approach” between digital currencies and initial coin offerings (ICOs), a U.S. congressman is taking issue with this line of thinking. U.S. Representative Brad Sherman (D-Calif.) thinks ICOs are detrimental...
Gary Gensler, the finance chief for Hillary Clinton’s 2016 presidential bid and one of the top financial regulators in the Obama administration, is delving into the world of blockchain, taking a role in which he will focus on it for Massachusetts Institute of Technology. Get...
Profits in cryptos: Easy come, maybe; easy go, certainly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
After raising $660 million from more than 30,000 investors in an initial coin offering (ICO), the team behind Vietnam-based Modern Tech has disappeared. The company ran an ICO for its Pincoin token before rolling out another token dubbed iFan, TechCrunch reported. Get the Full Story...
In Australia, cryptocurrencies are getting more scrutiny from regulators. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
To give cryptocurrency startups and their founders a boost, Coinbase has started a new incubator fund called Coinbase Ventures. While the popular cryptocurrency exchange expects the fund’s profits to be small compared to those of its overall business, the fund already has $15 million and is...
Ripple, which controls the world’s third-largest cryptocurrency, XRP, is still being denied a listing on two of the country’s top cryptocurrency exchanges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Cryptocurrencies continued to dip on the heels of various regulatory actions focused on trading activities and exchanges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Telegram, the Dubai-based messaging app company, has added $850 million to the amount it has raised via an initial coin offering, bringing the total from the ICO to a record-setting $1.7 billion. Get the Full Story Complete the form to unlock this article and enjoy...
